Thanks to all Obama's hard work, math, science, logic, and facts, corporate valuation (which represents expectations of future cash flows) is up 28% for the year. Also, Hillary has quietly crushed Isis. Trump has not openly taken credit for either, but we know he's just bursting his big yellow head to, and hes bound to at any moment, him and his nasty Celto-Germanic too-white ethnicity.

President Donald Trump loves to boast about the performance of the stock market since he took office. The Dow Jones Industrial Average rose 24 percent in his first 11 months in office. The problem: It rose 29 percent during Barack Obama’s first 11 months._________________True ignorance is not the absence of knowledge, but the refusal to acquire it.
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President Donald Trump loves to boast about the performance of the stock market since he took office. The Dow Jones Industrial Average rose 24 percent in his first 11 months in office. The problem: It rose 29 percent during Barack Obama’s first 11 months.

has trump claimed under his stewardship it performed better than Obama?_________________The best argument against democracy is a five-minute conversation with the average voter
Great Britain is a republic, with a hereditary president, while the United States is a monarchy with an elective king

That is typical of fake news,take a real news like this one (Trump often boasts something) and spread the opposite in fake news (Trump never boasted his successes). Fake news believers are gullible anyway

The truth doesn't matter choose what you want to believe._________________True ignorance is not the absence of knowledge, but the refusal to acquire it.
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That is typical of fake news,take a real news like this one (Trump often boasts something) and spread the opposite in fake news (Trump never boasted his successes). Fake news believers are gullible anyway

The truth doesn't matter choose what you want to believe.

Thats not what I asked...

erm67 wrote:

President Donald Trump loves to boast about the performance of the stock market since he took office. The Dow Jones Industrial Average rose 24 percent in his first 11 months in office. The problem: It rose 29 percent during Barack Obama’s first 11 months.

To which I asked:

Naib wrote:

has trump claimed under his stewardship it performed better than Obama?

That is typical of fake news,take a real news like this one (Trump often boasts something) and spread the opposite in fake news (Trump never boasted his successes). Fake news believers are gullible anyway

The truth doesn't matter choose what you want to believe.

The response does not align with the query.

A 29% rise under Obama is good, a 24% rise under Trump is good. As good as? no ( an economist could dig further into whether one was experiencing harsher marketing conditions)

Did Trump ever claim his percentage rise was higher than Obama's ?
Did fakeNews ever claim Trump stated his percentage rise was higher than Obama's?

Because right now it is just news. 24% from Trump, 29% from Obama so I don't get your dig.

Now absolute increase... 24% on top of 29% from a cumulative perspective is actually a larger growth_________________The best argument against democracy is a five-minute conversation with the average voter
Great Britain is a republic, with a hereditary president, while the United States is a monarchy with an elective king

Did someone here call it a bubble? I recall stagflation being the primary problem with the Obama economy.

The stock market goes up and down, so is the current use of bubble comparable to the use of quagmire during Bush 43?_________________It takes a little while to get the facts. You still don't know the facts.

20 percent of jack shit is not much better than jack shit. You'll have to do better than that.

Obama and the Leftists intentionally dragged out the Great Recession. It's obvious. They also intentionally tried to lose the war in Iraq, giving birth to ISIS and all but turning over our weapons and money in Iraq to them so they could take over the country. Obama also intentionally dragged out the war in Afghanistan, turning it into a perpetual quagmire.

They WANT economic collapse, and they WANT rampant terrorism, because these are the kinds of suffering and chaos (the "perfectly good crisis") that creates the conditions for collectivist-authoritarianism.

A 29% rise under Obama is good, a 24% rise under Trump is good. As good as? no ( an economist could dig further into whether one was experiencing harsher marketing conditions)

You called?

That is fairly easy to quantify. The economy Trump inherited was in one of the biggest increases since WWII. Obama inherited an economy that was shrinking by 9%. Not only that though, the US's GDP is now 16% bigger than when Obama came into office.

As you will know, it is far easier to make a performing economy that is richer perform well and in reality the rise under Trump should have been double what it was and it's clear that rhetoric and political isolation are taking their toll because although the current US economy is performing reasonably it is actually underperforming in the current climate.

I very much doubt he will hit the vaunted 4% growth he promised. Lowering the taxes of those that pay the most isn't really going to help those figures either, his trick should have been getting more people to earn more (which they were already doing) and just cruising of the wave of the good Obama economics. That and lower spending in things like defence could have taken taken a chunk out of the deficit which would have made people tolerate his childish and puerile behaviour because he was doing well in the core areas_________________"Sex: breakfast of champions" - James Hunt

20 percent of jack shit is not much better than jack shit. You'll have to do better than that.

Obama and the Leftists intentionally dragged out the Great Recession. It's obvious. They also intentionally tried to lose the war in Iraq, giving birth to ISIS and all but turning over our weapons and money in Iraq to them so they could take over the country. Obama also intentionally dragged out the war in Afghanistan, turning it into a perpetual quagmire.

They WANT economic collapse, and they WANT rampant terrorism, because these are the kinds of suffering and chaos (the "perfectly good crisis") that creates the conditions for collectivist-authoritarianism.

Right. Similar to how they faked the moon landing and engineered 9-11 and are spreading chemicals in contrails to control your mind. It's obvious.

The funny thing is that there is a US political party that intentionally dragged out the Great Recession. The republicans fought tooth and nail to prevent any sort of economic stimulus, using the argument that deficits were morally abhorrent, and guaranteed to destroy the economy. Of course, now that they control all of the government, they are doing massive stimulus (in the middle of a reasonably strong economy) and almost completely ignoring their past absolutism.

Did the Republicans prolong the recession because they wanted the economy to collapse? No, of course not, they just wanted the recession to drag out so that Obama would take the blame for it. And given their position at the time, that is the rational thing to do. And the democrats do the same things. Unfortunately, the rational thing for an individual politician is often not the same thing as what is best for the country - sorta a tragedy of the political commons.

But your conspiracy theory is stupid. Obama tried to collapse the economy, but actually presided over decent economic growth? Obama wanted to lose the war in Iraq, but accidentally kept winning? If his goal was to collapse the US, he did a really terrible job at it.

But your conspiracy theory is stupid. Obama tried to collapse the economy, but actually presided over decent economic growth?

Except he didn't, as I said.

That is an insane thing to say, GDP is 16% bigger than when Obama came into office, the economy is seeing one of it's biggest growth since WWII and jobs are up and unemployment is down.

Exactly. Thank you. The man was in office for eight years, starting with an economy that had nowhere to go but up. He started off by not doing shit, and focusing instead on his abortion of a health care bill that just put money in corporate pockets, doing whatever it took to get SOMETHING passed, even if all it did was screw people over and make the rich richer. While doing so, he pretty much ignored the economy except to increase our deficit by a whopping trillion dollars A YEAR, ostensibly for "stimulus" purposes, but without managing to actually deliver any stimulus. That takes actual communist economic genius. The money got filtered and re-filtered and refiltered down through 19 echelons of government agencies, and went almost entirely into preserving government paychecks and fattening the wallets of campaign donors (as we saw with the solar energy scams). All the while, he was pouring hundreds of billions into bombing the shit out of civilians in Afghanistan, Iraq, Yemen, Somalia, Libya, .... all over the fucking place, done carefully so as to not actually achieve a god-damned thing and to essentially lose every war he got involved in, even losing Iraq to a new terrorist army that he and Hillary basically created at US taxpayer expense. Throughout this time, while coming back from economic Ground Zero, he managed to stifle economic growth to the point that it averaged only a feeble 2% per year. The economy would have recovered fully all by itself with no Federal intervention whatsoever at least twice as fast as that. Economists were forecast a two- or three-year recovery. He made it take ten! It's no conspiracy theory; it's plain fact.

But your conspiracy theory is stupid. Obama tried to collapse the economy, but actually presided over decent economic growth?

Except he didn't, as I said.

richk449 wrote:

Obama wanted to lose the war in Iraq, but accidentally kept winning?

Except he didn't, as I said.

Still have your fingers in your ears I see. Still clinging to your alternate reality. Probably still think Hillary is going to win I bet.

I'm not arguing Obama was a great president. But you are claiming that his goal was to destroy the economy to foment a socialist-authoritarian takeover. He inherited an economy in the middle of the worst freefall in a century, and ended up with the same average growth rate as the previous republican president before him (which was low, by historical standards, to be fair).

He also inherited a couple of wars in the middle east, which the previous republican president started, but wasn't able to finish. Obama wasn't able to finish them either. You are claiming that he intentionally tried to lose the war. This would have been pretty trivial to do: as commander in chief, he could have surrendered. Of course, that is not what Obama did.

He also inherited a couple of wars in the middle east, which the previous republican president started, but wasn't able to finish.

He only started one, and even that was a continuation of a previous war in which Iraq had repeatedly violated the terms of the ceasefire. Was it misguided? Sure. But the other war you mention was started by Al Qaeda on September 11, 2001.

Obama had plenty of military adventures in the Middle East and North Africa, the most shameful being the completely misguided and stupid one in Libya._________________People Of Love

But your conspiracy theory is stupid. Obama tried to collapse the economy, but actually presided over decent economic growth?

Except he didn't, as I said.

richk449 wrote:

Obama wanted to lose the war in Iraq, but accidentally kept winning?

Except he didn't, as I said.

Still have your fingers in your ears I see. Still clinging to your alternate reality. Probably still think Hillary is going to win I bet.

I'm not arguing Obama was a great president. But you are claiming that his goal was to destroy the economy to foment a socialist-authoritarian takeover. He inherited an economy in the middle of the worst freefall in a century, and ended up with the same average growth rate as the previous republican president before him (which was low, by historical standards, to be fair).

He also inherited a couple of wars in the middle east, which the previous republican president started, but wasn't able to finish. Obama wasn't able to finish them either. You are claiming that he intentionally tried to lose the war. This would have been pretty trivial to do: as commander in chief, he could have surrendered. Of course, that is not what Obama did.

So basically, your conspiracy theory is stupid on face.

Classic strawman. I said he wanted to forestall and drag out recovery, not "destroy the economy", which is what you argued against.

Why the need to make shit up to argue against instead of what I said? Why?

Also, you know why he couldn't "surrender". And why would he when could use the wars to piss away hundreds of billions and to destroy the military that would prevent the collectivist-authoritarian agenda (he purged the military, decimated it's morale, and reduced it's readiness to post-Vietnam levels. - a huge win for the left - while he radically built up the Police State). Don't even bother making yourself look stupid by trying to deny it.